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MONETARY POLICY

“…the primary objective of monetary policy is to maintain price stability while keeping in mind the objective of growth.”


Preamble to the Reserve Bank of India Act 1934

Press Release


PDF document (149 kb)
Date : Mar 29, 2017
Participation of Standalone Primary Dealers in the regular 14-day Term Repo auction on March 31, 2017

With a view to providing flexibility to the Standalone Primary Dealers in managing their liquidity on the financial year end, it has been decided, as a special case, to allow them to participate in the regular 14-day Term Repo auction to be conducted on March 31, 2017 along with other eligible participants, within the usual notified amount.

The notified amount shall be as announced in the fortnightly press release for Term Repo Auctions under Liquidity Adjustment Facility.

Anirudha D. Jadhav
Assistant Manager

Press Release : 2016-2017/2595


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